SAN ANTONIO - The jobs are there. The people are there. And the rents are there. And now the permit's been filed. That's the reasoning behind Oxford Enterprises' newest development slated for San Antonio's Medical Center community.

The 245-unit luxury apartment complex will be located at 8639 Fairhaven St. at the southern intersection of Wurzbach Rd. and I-10.

The Dallas-based development firm plans to spend $26 million on construction, which starts in August.

The property, on an 8.2-acre tract, is expected to come online in early 2017.